Understanding Price Levels: The Key to Market Structure
Support and resistance levels are the foundation of price action trading. These levels indicate where the price tends to react – support acts as a floor where buying interest is strong, and resistance acts as a ceiling where selling pressure builds up. By identifying these critical levels on a chart, traders can anticipate potential reversals, breakouts, or consolidation zones.
SPEAKERDharmendra RajbharTrainer
PGDM in finance, having 5+ experience in Equity, commodities , forex analysis and trading.
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